Study On The Strategic Motivations And Performance Of Tencent's Overseas Mergers And Acquisitions

In recent years,with the rapid development of Internet technology,high technology has changed the traditional business model in all aspects of China's Internet industry after the development road is not flat,ushered in a stage of rapid development for more than ten years,the Baidu Inc,Alibaba(Baidu)group(Alibaba),Tencent Inc(Tencent)three Internet Co began to show a strong market power,represented by BAT China Internet enterprises overseas mergers and acquisitions to become an important force in activities emerge in an endless stream,on the market.As everyone knows,to restrict the continuous mergers can make the original China enterprises to break the original lack of resources and other aspects of the restraint of trade and overseas markets,and better and the international market,get more advanced experience and technology etc..As the domestic TMT industry's most representative enterprise,the Tencent Inc in 2016 the overall market value will exceed $1 trillion and 982 billion,ahead of the industrial and commercial bank,China oil and other old country prefix enterprises,become the highest market value of Tencent company in Asia,the achievements of its frequent and effective purchase and are inseparable,especially in the background of economic globalization next,in TMT industry enterprises as an example,analysis and evaluation of internal driving performance and China overseas mergers and acquisitions of enterprises,is of great significance for the practice of the Chinese enterprises overseas mergers and acquisitions behavior.From the research results of domestic and foreign scholars,the scholars have done in-depth research on merger related driving factors and performance evaluation,but in the TMT industry,for example,launched on the TMT industry of transnational Mamp A research generally inking less,based on this theory in this paper and the merger,after defining motivation and basic performance evaluation of overseas mergers and acquisitions,through the analysis of Tencent mergers and acquisitions,mergers and acquisitions found the main reasons are the development of the strategy,the global strategic layout,technology and intellectual capital factors,evaluation and acquisition of Riot Games on the performance of the Tencent,at the end of the paper,and the summary from the case of Tencent acquisition of Riot Games company to the enterprise of our country summary based on the strategic positioning,choosing target,focusing on mergers and acquisitions,mergers and acquisitions integration step by step construction of risk prevention mechanism and so on,in order to China's TMT industry enterprises overseas mergers and acquisitions strategy can be fast and good development.